Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Aastaid

Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government’s crackdown, illegal crypto mining continues to account for a serious amount of energy consumption, official figures

President Raisi kutsub Iraani Keskpanka üles loobuma USA dollari kasutamisest, Üleminek riiklikele valuutadele

Iraani president Ebrahim Raisi kutsus Iraani keskpanka üles panema aluse USA-st loobumiseks.. dollarit kahepoolsete kaubandusarvelduste jaoks ja muuta üleminek Iraanile võimaluse korral reaalseks. The Central Bank

SAI․TECH’s SAITIME 2023 Will Unveil Revolutionary Products for Mining and Computing Industry

PRESSITEADE. SINGAPORESAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO

Chip Giant Intel Abandons Bitcoin ASIC Production

After announcing the production of bitcoin application-specific integrated circuits (ASICs), Intel, the world’s largest semiconductor chip manufacturer by revenue, appears to be abandoning its blockchain chip production. Teisipäeval, a spokesperson for the chip manufacturer explained that Intel hasend-of-lifed the

Cleanspark Purchases 45,000 Bitcoin Mining Devices, Adding 6.3 EH/s to Current Fleet

Teisipäeval, the bitcoin mining company Cleanspark announced that it had purchased 45,000 Antminer S19 XP bitcoin mining devices for a total price of $144.9 miljonit. Cleanspark stated that the new fleet would add 6.3 eksahas sekundis (EH/s) of computational

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such

Bitcoin Hashrate Reaches 400 Exahash sekundis, Researcher Says Network Could Reach Zettahash Era by 2025

Despite Bitcoins difficulty reaching an all-time high at 46.84 triljonit, participants in bitcoin mining have kept the hashrate running stronger than ever before. Statistika järgi, on March 23, 2023, the hashrate reached a high of 400 eksahas sekundis (EH/s)….

SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023

2023 is shaping up to be a painful year for the U.S. Väärtpaberi- ja börsikomisjon (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share

Investment Fund Focused on Crypto Mining to Be Created in Russia

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian